Mr Marc Haushofer will join VIG Re as executive director of international business development on 1 May 2025, the Prague-headquartered reinsurer has announced.
Cigna Healthcare has appointed Mr Rob Peat as CEO of APAC and Mr Shaun MacKenzie as CFO of international health. Both appointments are effective 1 April 2025.
In 4Q2024, insurance markets began to show signs of softening with "more moderate premium increases being applied to many risks", according to Gallagher's "Insurance Market Update -- March 2025".
Following a second consecutive year of robust financial performance in 2024, Europe's four largest reinsurers are well positioned to navigate potentially less supportive market conditions in 2025, says a new report by Fitch Ratings.
Munich Re has announced the acquisition of Next Insurance, which will now operate under its primary insurance arm, Ergo.
Markel Group has enhanced its wholesale claims service with the appointments of Mr Daniel Thomas as marine technical claims lead, Ms Debbie Larkin as claims manager - energy, liability and terrorism, effective March 31, Ms Natalie Myhill as claims manager - financial institutions (FI) and Ms Rachel Tighe as claims manager - professional indemnity (PI).
Organisations that trade with counterparts in connector countries -- such as Vietnam, Mexico, South Korea and Hungary -- to circumvent existing or anticipated trade controls, or have suppliers doing the same, may be prone to greater trade policy-induced disruption in the months and years ahead, according to a new report.
A majority (71%) of financial services professionals participating in a recent survey expect the risk of financial crime to increase in 2025. The survey findings also highlight concerns among respondents around the use of AI, regulatory complexity, geopolitics and sanctions when it comes to the fight against fraud and financial crime.
Manulife has appointed Mr Phil Witherington as president and CEO of Manulife and Mr Steve Finch as president and CEO of Manulife Asia, Both appointments are effective 9 May 2025. Mr Finch also succeeds Mr Witherington.